Ansett's International Unit
Could Be Sold Separately

By

Zach Coleman Staff Reporter of The Wall Street Journal

Updated Jan. 23, 2002 12:01 a.m. ET

The administrators of failed airline Ansett Australia are moving to sell the carrier's international arm separately from the rest of the airline, potentially setting the stage for a new competitor to Qantas Airways.

Ansett creditors are scheduled to vote next Tuesday on whether to approve a deal to sell much of Ansett's assets to Tesna Holdings Pty. Ltd., a consortium backed by Melbourne businessmen Solomon Lew and Lindsay Fox and...